Here we rangkumkan success tips seasoned traders and which also have undergone professional Traders (trading for Living).
1. start planning and description of trading well. Kriterianya, you have to know when:
- Open positions
- How many numbers the Stop Loss Take Profit & that ' ideal '
- Have a financial management strategy (money management). This is related to how long do you
trade in a month, how your account security level against the risk of loss, when would pull funds,
when adding funds, and allocation of income to savings, investment and consumption.
2. Make Your Sidekick as a trend (Trend Follower). Never fight the market trend (though not including mandatory rules). If prices are rising, you can place a Buy and vice-versa if prices are going down then you can place a Sell position. Most people often take the opposite (counter trend) and often wrong - although there are also frequently correct anyway:).
3. Keep well carefully your capital &. Don't let your capital up to $ 0.0. If indeed loss, try to keep 10-50% of your capital, so in time to add funds or injeck, or the Dollar Amount deposited is not too large. Imagine if you had to add funds for Forex trading as a result of your loss.
If in the next two trading three times already spend 20-40% of the capital due to the loss, stopping for a moment. Hold yourself to open a new position. Do not be conformed to yourself to "revenge" or "want turnover". Try and soothe your head. Arrange your trading system back on the Demo Account. Set aside time 3 days-1 week to try a trading system Demo Account.
If it is unsteady, please go back to the Real Account.
4. Know when to discard the "toxins". The term poison is a Buy or Sell that has opened has been floating (floating position/not yet closed) position minus the negative or larger. Let's say if you Buy EUR/USD you have-150 points in a span of 2 minutes, does it still deserves to be defended. Or if the position of the AUD/USD already minus-100 within 20 minutes, are still disayang-sayang??!
Ah, the price is right back again later. Well, if the price of turning-turning ndak, we are so "poisoned" himself, both mind and body. We can physically ill if thought of a position that has not been closed to reach 200 points for example. Just remember, find money now rather difficult well. Kalo ndak productive already within 2-3 hours, well have to amputated/Cut Loss. Cut, remove an already bloated & unproductive. What else would make the position of staying more than one day with the hope of profit the more well and also got a premium interest, mandatory law put a Stop Loss. Our advice, if you want to be forwarded tomorrow, you should only install Stop Loss 200 points from the point of your open positions. Just use the facilities if Trailing Stop is provided by the trading platform.
Plan Your Stop Loss as early as possible. These days, the price movement for Euro & Pound reaches 200-400 points per day. Specify the ideal initial capital & Stop Loss You with situations like that.
5. don't get emotional. If you have already reached the target of daily or monthly, immediately out of the market. Don't be greedy.
Avoid the fear. Well this is related to Tip No. 6, be informed. If you already know how far prices can move with the technical indicators, do not seek fundamental & disease. Please feel free to place a Stop Loss or Trailing Stop to limit losses.
6. Be smart & informed. Instead intends to support one of the private TV, but rather be a smart trader. Clever here is have the basis why should Buy and why should Sell. That is, you should research the market fundamentally and Technically. Open daily news from Tdameritrade.com or Forexfactory.com. Adjust the date by which time time & you are.
7. Immediately write your trading on a trading journal. Make a note of your daily profit/loss. Note also their causes are, why and why the loss of profit. My Trading Diary ... ... ... ....
8. When a price or a little sideways movement, do not enter the market. Bottom line if your own conscience in doubt, what about your forex trading. Ibaratkan just your Forex Account as a car that brings You profit/gain.
* Does not apply to those who are indeed many specialties at a time when market sideways!
9. don't be too much or excessive trading. In one day, for a maximum of 10 times the position of the scalper. For you are good up to 2 Daytrader position and Swing Trader over a bit longer. Remember, the condition of technical analysis Forex fundamental & usually varies from time to time.
10. Never Give Up. Don't give up. .. don't ever give up. Loss on Demo $ 5000 in 1 months, try again at $ 1000. Loss, sign in again at $ 3000, etc. Find a trading system that is perfect for you. Its purpose is only one: Profit & consistent.
No comments:
Post a Comment